12/23/2015
ALLGEIER SE / Key word(s): Mergers & Acquisitions 23.12.2015 15:48 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, December 22, 2015 - Allgeier IT Solutions GmbH, a subsidiary of Allgeier SE (ISIN DE0005086300, WKN 508630), has today reached agreement with Main Capital Partners, The Hague (Netherlands), concerning the sale of its subsidiary b+m Informatik AG, which has its headquarters in Melsdorf, Germany. A corresponding acquisition agreement has been concluded for this purpose, with the transaction to be concluded prospectively as of the year-end. The core business of b+m Informatik comprises business solutions for the financial sector, where the company offers both standard products and professional services for banks, savings banks and insurance companies. The purchase price will lie within the normal market valuation range for the type of business being sold, and will be paid when the transaction is executed. A single digit amount in millions of euros will accrue to Allgeier from the transaction. The disposal occurs as part of the further focusing and integration within the Allgeier Group in alignment with its core areas. Both parties are convinced that the continuation of the successful business activities of b+m Informatik with its new owner offers an optimal environment for the company's further development and growth. Main Capital Partner is a fast-growing investment, management and consulting company whose core business focuses on the software industry in the Benelux states and Germany, enjoying an extensive network within this area. Allgeier, Main Capital and b+m Informatik are equally open to further cooperation. Contact: Allgeier SE Corporate Communications & Investor Relations Dr. Christopher Grosse Wehrlestrasse 12 81679 Munich Tel.: +49 (0)89/998421-0 Fax: +49 (0)89/998421-11 Email: ir@allgeier.com Web: www.allgeier.com Allgeier SE is one of the leading IT companies for Business Performance today: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model. Operating divisions, each with their individual specialist or sector-related focal points, work together for more than 3,000 customers from almost all sectors. With a highly flexible delivery model, Allgeier covers the full range of IT services, from on-site and nearshore through to offshore: A strong presence in India ensures flexibility and maximum scalability of the services, supplemented by highly qualified expertise in high-end software development. With more than 6,000 salaried employees and around 1,400 freelance IT experts, Allgeier, as a one-stop shop, offers customers a comprehensive portfolio of solutions and services. Allgeier's customers include globally operating groups as well as innovative medium-sized operations that wish to secure strategic advantages through high-performing IT solutions, intelligent software and flexible personnel services. This high-growth company, which is based in Munich, Germany, operates 100 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Singapore, Mexico and the USA. In 2014 Allgeier generated EUR 428 million of revenue (continued operations), according to preliminary figures. Allgeier SE was ranked first in the Lünendonk(R) List 2015 of "Leading German medium-sized IT consulting and system integration companies". The Allgeier Experts division ranks among the top three IT personnel service-providers in Germany according to the Lünendonk(R) 2015 market segment study "The market for recruiting, mediating and managing IT freelancers in Germany". The company is listed on the regular market of the Frankfurt Stock Exchange in the General Standard segment (WKN 508630/ISIN DE0005086300). Further information is available on the company's website at: www.allgeier.com. 23.12.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ALLGEIER SE Wehrlestraße 12 81679 München Germany Phone: +49 (0) 89 - 99 84 21 0 Fax: E-mail: info@allgeier.com Internet: http://www.allgeier.com ISIN: DE0005086300 WKN: 508630 Indices: CDAX Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------